Hetero Head On Remdesivir Partnering, Royalty Model

At Least Eight Bangladesh Firms Now In Fray

Hetero is one of the new licensees for Gilead’s remdesivir, the investigational antiviral in the spotlight as a potential treatment for COVID-19, and the Indian group’s managing director shares insights on its supply chain readiness and the royalty model of the deal.

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Remdesivir Licensee Hetero Shares Insights On Gilead Deal • Source: Shutterstock

Hetero Drugs Ltd. has been a long-standing Gilead Sciences Inc. licensee, including for the US firm’s HIV and hepatitis C therapies in the past, and the Indian company says such established relationships matter when sewing up critical pacts such the new alliance for remdesivir, the antiviral that has already received US Emergency Use Authorization to tackle COVID-19.

Earlier this week, Gilead sealed non-exclusive voluntary licensing agreements with five generic firms in India and Pakistan, including Hetero, to manufacture remdesivir for distribution in 127 countries.(Also see "Gilead Licensing Deal Expands Remdesivir Access, Capacity" - Scrip, 13 May, 2020

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